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>> if president obama can turn around perceptions about the economy that ultimately will be a bigger deal. incumbent presidents have suffered through bad fist debates and been a table bounce back. if you have a really lousy economy it's tough to go against that. the interesting thing is that the obama campaign for months after one weak jobs number after another have always discounted the unemployment number. i think today they want people to look at that and they want people to think we've gone through at least a psychological barrier. there's been some evidence since the conventions that people do feel a little bit better about the commiff. that was helping president obama until the denver debate. now this race is tight and very much in flux. gwen: let's talk about the trend lines. the president can still claim 31 months of unsbrurmented job growth but mitt romney just made that point about how if different things were true this would be 11%. does he have a point? >> well, you can take statistics and play with them all you want. yes, if people weren't leaving, if people weren't drop
>> if president obama can turn around perceptions about the economy that ultimately will be a bigger deal. incumbent presidents have suffered through bad fist debates and been a table bounce back. if you have a really lousy economy it's tough to go against that. the interesting thing is that the obama campaign for months after one weak jobs number after another have always discounted the unemployment number. i think today they want people to look at that and they want people to think...
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the case for obama and particularly the case for obama on the economy more clearly than anyone else has on the campaign. >> no president, no president, not me, not any of my predecessors, no one could have fully repaired all the damage that he found in just four years. when president barack obama took office, the economy was in free fall, it had just shrunk. we were losing 750,000 jobs a month. the are we doing better today? the answer is yes. >> and we should say, we are actually back now to where we were when obama got in office. but do you think bill clinton is right there? did obama do all that could have been done? >> well, i think he did all that could have been done that the congress would let him do. with hind sight, the stimulus package should have been bigger, but at the time it was put together, there were two things that were constraining it. one was we didn't know how bad the economy was at that moment. it was still getting worse. but nobody knew how much worse it was getting. and the other was sort of sticker shock. it was a big number and the congress wasn't prepared
the case for obama and particularly the case for obama on the economy more clearly than anyone else has on the campaign. >> no president, no president, not me, not any of my predecessors, no one could have fully repaired all the damage that he found in just four years. when president barack obama took office, the economy was in free fall, it had just shrunk. we were losing 750,000 jobs a month. the are we doing better today? the answer is yes. >> and we should say, we are actually...
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president obama got stimulus passed . there are examples, but does that help the economy or better off under one party. >> johnathon is saying something that is fund amam. look ridiculous. this would be a totalitarian government and one party rule all of the time and so they could pass the legislation . get rid of them altogether and have a dictator. congress you have to understand. constitution was drafted by men afraid of government and trying to protect the people from their own government and not giving the government power to do something. but the powers in the constitution are negative to the government so that people will have as johnathon said freedom to do what they want to do. you don't need the other stuff to do that . >> at the same time is it better where we are with the economy now to have one party and at least get something done. it may not be the best thing but something done . >> i think not. i agree with johnathon which is frightening me right now. in britain it is a parlimentary and possible to force l
president obama got stimulus passed . there are examples, but does that help the economy or better off under one party. >> johnathon is saying something that is fund amam. look ridiculous. this would be a totalitarian government and one party rule all of the time and so they could pass the legislation . get rid of them altogether and have a dictator. congress you have to understand. constitution was drafted by men afraid of government and trying to protect the people from their own...
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those who are either not going to vote or are supporting president obama. so i think you have got a pool of swing voters out there who are actually doing better right now in this economy than many people. >> let us talk about entitlements. >> if you are 60 or older, you do not need to listen any further. but for younger people, we need to talk about what changes will be occurring. >> if you are 54 or 55, you may want to listen. this will affect you. >> this was the debate over congressman ryan's plan to turn medicare into a voucher program. when it comes to social security, the president says it needs to be tweaked, that medicare needs some serious attention. colby, we have been bellyaching about entitlements for years. ryan has a plan to do something about it, so what is the problem? >> he would, in effect, turn medicare into a voucher program. the president touched on it but did not stay with it, allowed romney to get away with it. the voucher program would cause people to have to then take a chunk of change, credit from the government, and go out and buy
those who are either not going to vote or are supporting president obama. so i think you have got a pool of swing voters out there who are actually doing better right now in this economy than many people. >> let us talk about entitlements. >> if you are 60 or older, you do not need to listen any further. but for younger people, we need to talk about what changes will be occurring. >> if you are 54 or 55, you may want to listen. this will affect you. >> this was the...
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they can't run on the economy, on the president's legislative record, people don't like it. now they're going to go straight after his character, suggest he has a credibility issue, call him a liar, say that he's a flip-flopper and that's where they'll go for the rest of the election. >> kim is touching on a really important point, which is fear is such a big part of the obama campaign. i mean, he is trying to gin up fear for people who, you know, you have 23 million people out of work and tell them, by the way, this guy is going to take away any chance for health care? >> when romney comes in and looks like he's a reasonable guy, a competent fellow, he's not scary and talks about his medicare plan in reasonable terms. >> and that's what i mean. >> you blow up the fantasy, the caricature, rather, of how he's been portrayed and i think that helps. >> that's why the debate was so damaging for obama. >> are we going to see a movement in the poll, dan, as a result of the debate. >> i think we'll see some movement and romney will get a bump. whether he'll get one in ohio is a goo
they can't run on the economy, on the president's legislative record, people don't like it. now they're going to go straight after his character, suggest he has a credibility issue, call him a liar, say that he's a flip-flopper and that's where they'll go for the rest of the election. >> kim is touching on a really important point, which is fear is such a big part of the obama campaign. i mean, he is trying to gin up fear for people who, you know, you have 23 million people out of work...
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but it's harder to make the case that obama has failed entirely on the economy when obviously we're at better place creating jobs, 5 million jobs since we hit the bottom. his policies are having impact and things are improving, that romney now has to go back and if we close more taxes and close loopholes and do things that i think we should do, it will the economy will grow faster. >> eliot: in terms of europe where the austerity approach it getting the biggest macro-approach in history and driving rates up across southern europe and budget deficits that are getting worse and worse. i don't see where mitt romney's argument has traction. it seems to me that the stimulus of the policy, traditional economics that barack obama has followed it seems to be working. neil, what am i missing here? >> romney has a point. things could be better. i don't know if they could have been made better, and that stimulus should have been bigger and if it has to do with the problems in the houseing market. there is a big target on the back of obama because of failed housing. there are not that many new arg
but it's harder to make the case that obama has failed entirely on the economy when obviously we're at better place creating jobs, 5 million jobs since we hit the bottom. his policies are having impact and things are improving, that romney now has to go back and if we close more taxes and close loopholes and do things that i think we should do, it will the economy will grow faster. >> eliot: in terms of europe where the austerity approach it getting the biggest macro-approach in history...
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president. >> if we're going to keep this economy moving forward there's no time for political games even in a political season. >> all right. now with one debate behind them president barack obama and mitt romney are gearing up for their next face off later on in the month. the president is laying low at the white house today with no public events scheduled. he spent yesterday rallying supporters in ohio. mr. romney who rallied yesterday in florida is preparing for the next debate. romney will hold a debate victory rally this evening. >>> september proved to be a lucrative month for the president's re-election campaign. democrats raised $181 million. that's at that record. and in the last month of the campaign that cash could prove crucial especially for ad buys in toss up states. >>> thousands of criminal cases are now in jeopardy and some people say they may have been wrongfully convicted because of a scandal uncovered in boston. how could it happen? >>> boston's legal system faces a potential nightmare. thousands of cases dating back nearly a decade could be gentlemen par di jeop
president. >> if we're going to keep this economy moving forward there's no time for political games even in a political season. >> all right. now with one debate behind them president barack obama and mitt romney are gearing up for their next face off later on in the month. the president is laying low at the white house today with no public events scheduled. he spent yesterday rallying supporters in ohio. mr. romney who rallied yesterday in florida is preparing for the next debate....
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we went from an economy that was losing nearly 800,000 jobs a month when president obama took office to a place now where the economy has created 5.2 million new jobs. so we're getting there. we're not there yet but we're getting there. >> john, mitt romney yesterday amid all the ecstasy about his debate performance took time on fox to say that he was now very sorry for saying what he said about the 47%. was that a smart political move in a moment of everyone feeling good about you to just bury that away? >> i think the timing was right that he said that, but i do hope he doesn't move away from what the bigger argument that he was trying to make, is that there are two choices in america today. are we going to become a country very, very dependent on big government that says give me all your money, give me your taxes and i will take care of you, or one that really says the individual has the right to keep more of their money, make more of their decisions and freedom is what made america the country that it is. that is fundamentally the question. but from a strategy or tactical standpo
we went from an economy that was losing nearly 800,000 jobs a month when president obama took office to a place now where the economy has created 5.2 million new jobs. so we're getting there. we're not there yet but we're getting there. >> john, mitt romney yesterday amid all the ecstasy about his debate performance took time on fox to say that he was now very sorry for saying what he said about the 47%. was that a smart political move in a moment of everyone feeling good about you to...
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and it's the lowest since president obama took office back in 2009. but the question is, is it really a sign of progress or are there other factors at play. where is our economy now? david nelson is the chief strategist for bell point asset management. great to see you. >> thanks for having me. >> i'm confused. what do you make of the numbers and what are the surveys that go into making the numbers? >> yeah, you're not along with that. when i was in the office and sitting there and saw the 114,000 number in line with a lot of the other data that i look at and saw the unemployment rate down 3/10 of a percent and that's huge. the largest drop since reagan, i nearly fell off the chair because i started to add everything up and didn't make sense, 114,000 consistent with the adp numbers, the fact we have a struggling economy, we're barely in positive territory on gdp, a measure of the economy and to the fact na 114,000 is barely enough to even keep up with the birth rate. i started scratching my head so i understand the confusion out there. >> jamie: let m
and it's the lowest since president obama took office back in 2009. but the question is, is it really a sign of progress or are there other factors at play. where is our economy now? david nelson is the chief strategist for bell point asset management. great to see you. >> thanks for having me. >> i'm confused. what do you make of the numbers and what are the surveys that go into making the numbers? >> yeah, you're not along with that. when i was in the office and sitting...
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conservatives and liberals are calling for a move to moral economy. for republicans cutting spend democrats it is asking the rich to pay more. governor mike huckabee joins us live . great to have you here. thank you for joining us. >> thank you, uma. >> i know it is an important issue. why do you feel morality and the economy are linked . >> some people call it generational theft and that is accurate description and if you steal from somebody that is a moral issue. that's what we are doing. we are stealing from the generation that is coming after us. we are spending money they will have to pay back on our behalf . we get the benefit and they get the burden. that is immoral and wrong to do that and that is what the huge 16 trillion debt represents. >> are you concerned about the current state of affairs is accepted by some as the new norpal? >> i am uma . let me be fair. this is not just something democrats created but republicans have done. republicans boast they don't raise taxes. that may be wonderful. if they don't pay for the things they spend mon
conservatives and liberals are calling for a move to moral economy. for republicans cutting spend democrats it is asking the rich to pay more. governor mike huckabee joins us live . great to have you here. thank you for joining us. >> thank you, uma. >> i know it is an important issue. why do you feel morality and the economy are linked . >> some people call it generational theft and that is accurate description and if you steal from somebody that is a moral issue. that's what...
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stephen phillips that work at the bureau of labor statistics currently who both have been donors to the obama campaign. >> look, i don't know what the right number is, but i'll tell you these numbers don't smell right when you think about where the economy is right now. >> what evidence do you have that they got to the bls? >> i don't. >> chicago guys got to the bureau of labor statistics and affected these numbers? >> i have no evidence to prove that. i just raised the question. >> you didn't raise the question. you said these chicago guys will do anything. >> yeah. >> so they changed the number. you say these chicago guys will do anything so they changed the numbers. do you want to take that back? >> no, i don't want to take it back. >> this is an assertion there was corruption here and infiltration or getting to the numbers -- it's not funny, jack. you're talking about the president of the united states playing with the bureau of labor sticks numbers. this is nixon stuff. jack, do you want to take back the charge that there was corruption here? >> no, i don't want to take back one word in
stephen phillips that work at the bureau of labor statistics currently who both have been donors to the obama campaign. >> look, i don't know what the right number is, but i'll tell you these numbers don't smell right when you think about where the economy is right now. >> what evidence do you have that they got to the bls? >> i don't. >> chicago guys got to the bureau of labor statistics and affected these numbers? >> i have no evidence to prove that. i just...
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but i'll tell you, these numbers don't smell right when you think about where the economy is right now. >> reporter: many experts laughed off the charge. but the labor secretary, whose department compiles the monthly report, was not laughing. >> i'm insulted when i hear that. it's really ludicrous to hear that kind of statement. >> reporter: now, we know that here in florida, along with mitt romney, is rob portman, who plays president obama in debate preparation. they'll be doing a bit of that today before an event tonight. the president has nothing on his schedule. we don't know what he's doing. no guidance on whether he's preparing for the next debate. as for the last debate, dan and bianna, some democrats are saying what debate, after the jobs report. >>> we're joined by john avlon, senior analyst with "the daily beast." these allegations that the numbers are somehow cooked are shocking and dangerous, especially from somebody as prominent as jack welch. what does it say about partisanship in the country? >> it says that it starts to rot people's brains. the theory is just -- we need
but i'll tell you, these numbers don't smell right when you think about where the economy is right now. >> reporter: many experts laughed off the charge. but the labor secretary, whose department compiles the monthly report, was not laughing. >> i'm insulted when i hear that. it's really ludicrous to hear that kind of statement. >> reporter: now, we know that here in florida, along with mitt romney, is rob portman, who plays president obama in debate preparation. they'll be...
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he offered no new ideas for how to fix the economy. i welcome the chance to share my vision for renewed prosperity and opportunity and i think it compared quite favorably to president obama's policy for big, trickle-down government. >> this past hour, mitt romney's son, josh, met with reporters in the swing state of virginia. it's part of a day-long effort the campaign is calling super saturday, with volunteers going door to door in battleground states. president obama has no public events today. he will head to california tomorrow, where he is expected to tout the new jobs number, 7.8%, and some big fund-raising numbers out today. president obama and the democrats raised $181 million in september, the highest single-month total so far. more on all these stories throughout the next two hours. >>> the campaign focus shifts a bit next week to the vice presidential nominees. paul ryan and joe biden will face off in their only debate next thursday night. paul ryan has just left his four-day debate camp. he is heading back to wisconsin for
he offered no new ideas for how to fix the economy. i welcome the chance to share my vision for renewed prosperity and opportunity and i think it compared quite favorably to president obama's policy for big, trickle-down government. >> this past hour, mitt romney's son, josh, met with reporters in the swing state of virginia. it's part of a day-long effort the campaign is calling super saturday, with volunteers going door to door in battleground states. president obama has no public...
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economy, and the latest fuel for the fight over economic policy in the presidential campaign. it was the kind of news that president obama hoped for, just over a month before the election and two days after a sub-par debate outing. >> more americans entered the work force, more people are getting jobs. >> brown: indeed, september's unemployment rate, calculated by a survey of households, fell to 7.8%. that's the lowest since the president took office. a second survey, of businesses, showed that employers added a net of 114,000 jobs, and job gains for july and august were revised upward by 86,000 the president touted the numbers in a campaign stop at george mason university in fairfax, virginia. >> now, every month reminds us that we've still got too many of our friends and neighbors who are looking for work. there are too many middle class families that are still struggling to pay the bills. they were struggling long before the crisis hit. but today's news certainly is not an excuse to try to talk down the economy to score a few political points. it's a reminder that this coun
economy, and the latest fuel for the fight over economic policy in the presidential campaign. it was the kind of news that president obama hoped for, just over a month before the election and two days after a sub-par debate outing. >> more americans entered the work force, more people are getting jobs. >> brown: indeed, september's unemployment rate, calculated by a survey of households, fell to 7.8%. that's the lowest since the president took office. a second survey, of businesses,...
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a higher national average of unemployment in their state and that will be a challenge for president obama, he has not brought the hope and change to florida like we have in virginia and ohio. >> arthel: let's go to ohio, unemployment, 7.2%, and a healthy auto industry and donna, first, is ohio the president's to lose? we know he is not taking it for granted and visited there 17 times as candidate and 30 as president and how does the president hold the supporters in ohio and, how can governor romney swing them his way? you know, no republican successfully won the white house without ohio as 18 electoral votes. donna? >> well, the heavy lifting the president did in ohio, to bail out the auto industry bradley had direct benefits in ohio in many sectors. and, i think that governor romney's opposition to the president's plan for the auto bailout, he basically said, let the auto industry fail. i think it will have -- he'll have a hard time making the case that will be credible enough with the voters in ohio, so i think ultimately, the president, because of the heavy lifting that was done, to pr
a higher national average of unemployment in their state and that will be a challenge for president obama, he has not brought the hope and change to florida like we have in virginia and ohio. >> arthel: let's go to ohio, unemployment, 7.2%, and a healthy auto industry and donna, first, is ohio the president's to lose? we know he is not taking it for granted and visited there 17 times as candidate and 30 as president and how does the president hold the supporters in ohio and, how can...
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but president obama's immediate problem or sort of long-term problem has always been the economy. if the economy is going poorly, if americans think we're headed in the wrong direction then he's not going to win re-election. this has been a long, steady slog towards the 7.8% number. so the long-term problem is something that president obama solved, too. i think at the end of the day the economics are going to matter a lot more than a debate performance nobody remembers john kerry beat up george w. bush in the first debate back if 2004. but it was clear that mitt romney got a big win because of his strong debate performance. >> or walter mondale on ronald reagan for that matter. onto the conspiracy theory, jared bernstein, we heard from him earlier, he told me also this doesn't deserve any oxygen at all but others keep piling on. are you surprised by these claims from prominent people, well-respected people in industry? >> well, there are two different sort of sets on the republican side here. one is the jack welch side, the steve forbes, the people who are promulgating this conspi
but president obama's immediate problem or sort of long-term problem has always been the economy. if the economy is going poorly, if americans think we're headed in the wrong direction then he's not going to win re-election. this has been a long, steady slog towards the 7.8% number. so the long-term problem is something that president obama solved, too. i think at the end of the day the economics are going to matter a lot more than a debate performance nobody remembers john kerry beat up george...
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the jobs reports are about real people and real lives and where the economy is going. the debate was, as i said, just sort of important theater, and -- but if i -- i actually watched the debate again yesterday just to try to get it. president obama didn't do so badly. he was much quieter. he was more thoughtful. he got a lot of facts out. it was just very wonky. but when push comes to shove, the policies that president obama's for, whether it's promoting the middle class, looking to support education, not wanting to see the health care cuts that are in the romney/ryan plan, those policies supporting women are much more popular than mitt romney's policies, and i think that the obama team is going to kind of double down on that over the next few weeks. >> let's talk about a piece on cnn.com. you gave president obama some tips on how to win the first debate. >> right. >> writing in part, this is a great little read. you wrote my final piece of advice is most simple. stay nice. no, you're likable enough comments. no jokes about dogs on top of the car, >> reporter: marking
the jobs reports are about real people and real lives and where the economy is going. the debate was, as i said, just sort of important theater, and -- but if i -- i actually watched the debate again yesterday just to try to get it. president obama didn't do so badly. he was much quieter. he was more thoughtful. he got a lot of facts out. it was just very wonky. but when push comes to shove, the policies that president obama's for, whether it's promoting the middle class, looking to support...